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    ch03 UBL

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    The document discusses project initiation and feasibility analysis for new information systems. It begins with an overview of the objectives and basic characteristics of object-oriented systems. It then covers the key aspects of project initiation, including identifying business value through a system request form detailing the project sponsor, business need, functionality, and expected value. The document focuses on feasibility analysis, examining technical feasibility to determine if the system can be built, economic feasibility to assess if it should be built by evaluating development costs and benefits, and organizational feasibility to determine if stakeholders will support the system. The overall summary is that project initiation involves defining goals and expectations for a new system, feasibility analysis ensures the benefits outweigh the costs and risks before committing to develop the system.

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    ch03 UBL

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    wafasa
    16 views26 pages
    The document discusses project initiation and feasibility analysis for new information systems. It begins with an overview of the objectives and basic characteristics of object-oriented systems. It then covers the key aspects of project initiation, including identifying business value through a system request form detailing the project sponsor, business need, functionality, and expected value. The document focuses on feasibility analysis, examining technical feasibility to determine if the system can be built, economic feasibility to assess if it should be built by evaluating development costs and benefits, and organizational feasibility to determine if stakeholders will support the system. The overall summary is that project initiation involves defining goals and expectations for a new system, feasibility analysis ensures the benefits outweigh the costs and risks before committing to develop the system.

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    The document discusses project initiation and feasibility analysis for new information systems. It begins with an overview of the objectives and basic characteristics of object-oriented systems. It then covers the key aspects of project initiation, including identifying business value through a system request form detailing the project sponsor, business need, functionality, and expected value. The document focuses on feasibility analysis, examining technical feasibility to determine if the system can be built, economic feasibility to assess if it should be built by evaluating development costs and benefits, and organizational feasibility to determine if stakeholders will support the system. The overall summary is that project initiation involves defining goals and expectations for a new system, feasibility analysis ensures the benefits outweigh the costs and risks before committing to develop the system.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    16 views26 pages

    ch03 UBL

    Uploaded by

    wafasa
    The document discusses project initiation and feasibility analysis for new information systems. It begins with an overview of the objectives and basic characteristics of object-oriented systems. It then covers the key aspects of project initiation, including identifying business value through a system request form detailing the project sponsor, business need, functionality, and expected value. The document focuses on feasibility analysis, examining technical feasibility to determine if the system can be built, economic feasibility to assess if it should be built by evaluating development costs and benefits, and organizational feasibility to determine if stakeholders will support the system. The overall summary is that project initiation involves defining goals and expectations for a new system, feasibility analysis ensures the benefits outweigh the costs and risks before committing to develop the system.

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    of 26

    Slide 1

    Unified Modeling Language, Version 2.0

    Chapter 2

    Slide 3

    Objectives
    Understand the basic characteristics of object-oriented systems. Be familiar with the Unified Modeling Language (UML), Version 2.0. Be familiar with the Unified Process. Understand a minimalist approach to object-oriented systems analysis and design.
    Slide 4

    Basic Characteristics of Object Oriented Systems Classes and Objects Methods and Messages Encapsulation and Information Hiding Inheritance Polymorphism and Dynamic Binding
    Slide 5

    PROJECT INITIATION
    Chapter 3

    Slide 6

    Key Ideas

    Project initiation begins when someone sees an opportunity to create business value from using information technology. Feasibility analysis is used to aid in the decision of whether or not to proceed with the IS project.
    Slide 7

    Key Ideas

    The project sponsor is a key person proposing development or adoption of the new information technology .

    Many organizations keep on eye on emerging technology As a first mover

    The approval committee reviews proposals from various groups and units in the organization and decides which to commit to developing.
    Slide 8

    IDENTIFYING BUSINESS VALUE

    Slide 9

    System Request

    It is a document that describes the business reasons for building a system and the value to provide. Lists key elements of the project

    Project name Project sponsor Business need Functionality Expected value Special issues or constraints

    Slide 10

    Elements of the System Request Form


    Project sponsor

    The person who initiates the project

    Business Need

    Members of the Finance Dept, IT Manager, CIO, Vice President of Marketing

    The business-related reason for initiating the system


    Increase sales Improve market share Improve customer service Decrease product defects

    Slide 11

    Cont
    Functionality

    The capabilities that the system will provide


    Provide online access Produce management report Capture customer demographic information

    Expected Value

    The benefits that the system will create for the organization

    3 percent increase in sales 1 percent increase in market share

    Slide 12

    Cont
    Special Issues
    Issues that are relevant to the implementation of the system and committee make decisions about the project
    System needed in time for the Christmas holiday season Government-mandated deadline for May 30.

    Slide 13

    Your Turn
    If you were building a webbased system for course enrollment -What would be the functionality? What would be the expected value? What special issues or constraints would you foresee?
    Slide 14

    FEASIBILITY ANALYSIS

    Slide 15

    Feasibility Analysis

    Once the need for the system and its business requirements have been defined feasibility analysis Detailing Expected Costs and Benefits
    Technical feasibility Economic feasibility Organizational feasibility

    Slide 16

    Technical Feasibility: Can We Build It?


    Familiarity with application
    Knowledge of business domain

    If analysts are unfamiliar with the business application area, they have a greater chance of misunderstanding the users or missing opportunities for improvement.

    Familiarity with technology


    Extension of existing firm technologies

    Project size
    Number of people, time, and features
    Slide 17

    Economic Feasibility Should We Build It?


    Development costs Annual operational costs Annual benefits Intangible costs and benefit

    Slide 18

    Steps to Conducts Economic Feasibility


    Identify Costs and Benefits Assign Values to Costs and Benefits Determine Cash Flow Determine Net Present Value Determine Return on Investment Calculate Break-Even Point Graph Break-Even Point
    Slide 19

    Expected Value
    Costs Tangible * * * * * * * * * * * * Benefits

    Intangible

    Slide 20

    Cash Flow Method for Cost Benefit Analysis

    Slide 21

    Return on Investment Calculation


    RETURN ON INVESTMENT EQUALS
    Total (benefits - costs) Divided by

    Total costs
    Slide 22

    Net Present Value Calculation


    PRESENT VALUE EQUALS Some amount of money Divided by (1 + interest rate)n
    Where n equals the number of periods
    Slide 23

    Organizational Feasibility
    If we build it, will they come?

    There are two ways to assess:


    How well the goal of the project align with business objectives

    Strategic alignment Project champion(s)

    Stakeholder analysis

    A high-level non-IS executive who created the system request.


    Slide 24

    Organizational management System users

    Summary
    Project initiation involves creating and assessing goals and expectations for a new system Identifying the business value of the new project is a key to success The system request describes an overview of the proposed system. The feasibility study is concerned with insuring that technical, economic, and organizational benefits outweigh costs and risks
    Slide 25

    Expanding the Domain


    For an excellent source of information on IT management see: www.cio.com

    Slide 26

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